RFA slams Dept of Trade and Industry over whopping tyre levy hike | The Citizen

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 75%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Just stay home: Anti-dumping tariffs on imported tyres will push the price of food and everything else up. Read the full story here:

The Tyre Importers Association of South Africa has warned that the cost of tyres could increase by up to 41%. Photo: iStock

RFA’s Chief Executive Officer Gavin Kelly said that South Africa was dependent on tyre imports because the local manufacturing industry was unable to meet local consumption demands.“Tyres are imported from various markets – precisely because South Africa does not have the capacity to meet local consumption,” said Kelly.He said the reasoning behind the anti-dumping duties were not clear.

“This means that, despite the dire economic situation in the country, consumers will pay more for goods, (including the basic basket of everyday food, transport and medicines,” said Kelly Tyres are a crucial link in the safe and efficient operation of a vehicle – affecting road safety through road holding ability, carrying weights, navigating through bad roads and ensuring the driver has control in unexpected weather or traffic situations.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines